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DOJ seizes record 5 million in crypto tied to global ‘pig butchering’ scams

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in […]

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams Read More »

Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says

Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says

People look at iPhones at the Apple Fifth Avenue store in New York City, U.S., May 23, 2025. Adam Gray | Reuters Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said that Apple’s folding phone could have a display made by Samsung Display, which

Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says Read More »

OpenAI is winding down its work with Scale AI, whose founder is joining Meta

OpenAI is winding down its work with Scale AI, whose founder is joining Meta

Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder

OpenAI is winding down its work with Scale AI, whose founder is joining Meta Read More »

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year.

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas Read More »

Pro-Israel hackers destroy  million in Iran crypto exchange breach, analytics firm says

Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says

Representations of cryptocurrency Binance are seen in front of displayed Nobitex logo and Iran flag in this illustration taken November 3, 2022. Dado Ruvic | Reuters Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic. The funds were drained from platform wallets into addresses bearing

Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says Read More »

Oura, Maven Clinic team up to bring biometric data into clinical care

Oura, Maven Clinic team up to bring biometric data into clinical care

Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024. Danielle DeVries | CNBC Women’s and family health platform Maven Clinic is partnering with smart ring maker Oura, a step forward in the integration of the increasing amount of data being collected by wearable devices and clinical

Oura, Maven Clinic team up to bring biometric data into clinical care Read More »

Klarna CEO wants to turn the platform into a ‘super app’ with AI

Klarna CEO wants to turn the platform into a ‘super app’ with AI

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna’s CEO is so bullish about artificial intelligence that he sees it changing the way the fintech’s 100 million users bank every day as he sets out to diversify the company’s

Klarna CEO wants to turn the platform into a ‘super app’ with AI Read More »

Sam Altman says Meta offered OpenAI staff 0 million bonuses, as Mark Zuckerberg ramps AI poaching efforts

Sam Altman says Meta offered OpenAI staff $100 million bonuses, as Mark Zuckerberg ramps AI poaching efforts

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images Meta Platforms tried to poach OpenAI employees by offering signing bonuses as high as $100 million, with even larger annual compensation packages, OpenAI chief executive Sam Altman said. While Meta

Sam Altman says Meta offered OpenAI staff $100 million bonuses, as Mark Zuckerberg ramps AI poaching efforts Read More »

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